Examples

The following examples are derived from actual documented problem solving activities that have been tested and used with students. These examples should be informative to those who would like to begin using this technique.

Subject: Economics

Documented Problem Solving: Calculating Bank ReservesLinda Wilson, University of Texas at Arlington The lecture focused on the banking system and included a discussion about total reserves, required reserves and excess reserves. Students practiced calculating each category in pairs and then compared their ...

Subject: Economics: Economics

Documented Problem Solving: The Long Run Competitive MarketLinda Wilson, University of Texas at Arlington During the lecture, the competitive market was introduced. A graph was used to demonstrate a competitive market in which there was an economic profit. The profit motive causes an increase in supply. As additional ...

Subject: Economics: Economics

Documented Problem Solving: Price Elasticity of DemandLinda Wilson, University of Texas at Arlington The concept of price elasticity of demand was introduced in class. Elastic and inelastic goods were discussed. The impact that a change in price will have on total revenue was also presented.

Documented Problem Solving: Calculating the Unemployment RateLinda Wilson, University of Texas at Arlington Following a lecture about unemployment, students are asked to calculate the unemployment rate. They will need to apply their knowledge about unemployment and the labor force in order to make the calculation.

Documented Problem Solving: Foreign Exchange Rates - Supply and DemandTodd Easton, University of Portlnad In this assignment, students think about four events that would affect a country's exchange rate. Without actually drawing a supply and demand diagram, students say what direction, if at all, each curve would shift–and whether the currency would appreciate or depreciate as a result.